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MM to OMR Converter and calculator

MM/OMR: 1 MM = 0.4287 OMR. The price of converting 1 Million (MM) to Omani Rial (OMR) is 0.4287 OMR today.
MM
MM
OMR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MM to OMR real-time exchange rates, making it easy to convert Million (MM) to Omani Rial (OMR). The conversion result is based on real-time data. The conversion result shows that 1 MM is currently valued at 0.43 OMR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MM is currently valued at 0.43 OMR, which means buying 5 MM would cost 2.14 OMR. Similarly, ر.ع.1 OMR can be converted to 2.33 MM, and ر.ع.50 OMR can be converted to 11.66 MM, excluding any platform or gas fees.

Convert MM to OMR

Convert OMR to MM

Million
Omani Rial
5000 MM
2,143.66  OMR
10000 MM
4,287.31  OMR
In the table above, you'll find a comprehensive MM to OMR converter that shows the value of Million in Omani Rial across commonly used conversion amounts. The list covers conversions from 1 MM to OMR, all the way up to 10000 MM, providing a clear view of their respective values.
Omani Rial
Million
50000 OMR
116,623.18 MM
100000 OMR
233,246.37 MM
In the table above, you'll find a comprehensive OMR to MM converter that shows the value of Omani Rial in Million across commonly used conversion amounts. The list covers conversions from 1 OMR to MM, all the way up to 100000 OMR, providing a clear view of their respective values.

MM to OMR chart

MM/OMR: 1 MM = 0.4287 OMR; 2025/05/01 08:50:17
In the past 1D, Million has changed -1.06% to OMR. Based on the trend and price charts, Million(MM) has changed -1.06% to OMR while Omani Rial(OMR) has changed % to MM in the last 24 hours.
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MM to OMR conversion data: Volatility and price changes of Million in OMR

The highest Million price in OMR over the past 7 days was 0.4341 OMR while the lowest Million price in OMR over the past 7 days was 0.3974 OMR. The relative change between the highs and lows in Million price in OMR over the last 7 days indicates a volatility of %. You can view additional volatility data and MM to OMR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.4323 OMR
0.4341 OMR
0.4836 OMR
0.5372 OMR
Low
0.4287 OMR
0.3974 OMR
0.3941 OMR
0.3841 OMR
Average
0 OMR
0 OMR
0 OMR
0 OMR
Volatility
%
%
%
%
Change
-1.06%
-2.14%
-4.89%
-13.20%

Million information

MM to OMR market statistics

MM/OMR:
ر.ع.0.4287
MM 24h volume:
--
MM market cap:
--
MM circulating supply:
0 MM

Current MM to OMR exchange rate

Million to Omani Rial is falling this week.
Million's current market price is ر.ع.0.4287 per MM, with a total market cap of ر.ع.0 OMR based on a circulating supply of -- MM. The trading volume of Million has changed by -100.00% (ر.ع.-- OMR) in the last 24 hours. Last trading day, MM's trading volume was ر.ع.--.

More info about Million on Bitget

Omani Rial information

About Omani Rial (OMR)

The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.

Historical Background

The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.

Design and Symbolism

The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.

Economic Role

The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.

Monetary Policy and Stability

Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.

International Trade and the Omani Rial

The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.

Remittances and the Economy

Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.

Bitget crypto-to-fiat exchange data shows that the most popular Million currency pair is the MM to OMR, with for Million's currency code being MM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for OMR.

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How to convert MM to OMR

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MM to OMR Conversion tables

The exchange rate of Million is decreasing.
The exchange rate of 1 MM to Omani Rial has changed by -2.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.06%, reaching a high of 0.4323 OMR and a low of 0.4287 OMR . One month ago, the value of 1 MM was ر.ع.0.4508 OMR , which represents a -4.89% change from its current value. Over the last year, Million has changed by
-ر.ع.
0.1869OMR
, resulting in a change of -30.36% in its value.
24 hours ago1 month ago1 year ago
Amount08:50 am today24 hours ago24h change
0.5 MMر.ع.0.2144ر.ع.0.2167
-1.06%
1 MMر.ع.0.4287ر.ع.0.4333
-1.06%
5 MMر.ع.2.14ر.ع.2.17
-1.06%
10 MMر.ع.4.29ر.ع.4.33
-1.06%
50 MMر.ع.21.44ر.ع.21.67
-1.06%
100 MMر.ع.42.87ر.ع.43.33
-1.06%
500 MMر.ع.214.37ر.ع.216.66
-1.06%
1000 MMر.ع.428.73ر.ع.433.32
-1.06%

MM to OMR FAQ

How much is 1 Million in OMR?
Right now, the price of 1 Million (MM) in Omani Rial (OMR) is ر.ع.0.4287.
How much MM can I buy for 1 OMR?
Based on the current exchange rate, you can get 2.33 MM for 1 OMR.
How do I calculate or convert MM to OMR?
You can use our MM to OMR calculator at the top of this page to convert any amount of MM to OMR. We've also included quick-reference tables for the most popular conversions. For example, 5 OMR is equivalent to 11.66 MM, while 5 MM will cost around 2.14OMR.
What is the highest price of MM/OMR in history?
The all-time high price of 1 MM in OMR is ر.ع.88.45. It remains to be seen if the value of 1 MM/OMR will exceed the current all-time high.
What is the price trend of Million in OMR?
Over the past 7 days, the exchange rate of Million (MM) has gone down by 2.14%.   Over the last month, the exchange rate of Million (MM) has gone down by 4.89% against Omani Rial (OMR).

What factors influence the conversion rate of MM to OMR?

There are many factors that affect the relationship between Million and Omani Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MM/OMR. When there is positive news in the market about the widespread adoption of MM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MM/OMR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MM/OMR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MM/OMR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Million and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.